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Analyzing Cryptocurrency Markets Using Python

blog.patricktriest.com

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Re: Analyzing Cryptocurrency Markets Using Python

#2
My 2 cents:

- it is not really pertinent to compute the correlation between prices. This takes the currencies trend into account since prices, contrary to e.g. "returns", are non stationary. This will lead to a biased higher correlation. Just do a ".pct_change()" before the correlation.

- also averaging the price between exchanges is a bit naive. It hides arbitrage opportunities and does not reflect the underlying traded volume. A VWAP would at least provide a better approximation.

Re: Analyzing Cryptocurrency Markets Using Python

#3
I'm a big fan of Stellar. It looks like the only cryptocurrency with an actual use case that works today and minimises costs for companies[1][2] building on top of it. Everything else looks like mostly hype driven. I would say that this is one of the reasons it trades so different from everything else, except Ripple.

As many developers hang out here I want to point out that the Stellar Foundation has a rolling competition for developers: https://www.stellar.org/lumens/build/. You can see here all the projects submitted to the last round: https://galactictalk.org/t/sbc2017april

[1]: https://tempo.eu.com/en [2]: http://chippercash.com/

Re: Analyzing Cryptocurrency Markets Using Python

#4
post #2

My 2 cents: - it is not really pertinent to compute the correlation between prices. This takes the currencies trend into account since prices, contrary to e.g. "returns", are non stationary. This will lead to a biased higher correlation. Just do a ".pct_change()" before the correlation. - also averaging the price between exchanges is a bit naive. It hides arbitrage opportunities and does not reflect the underlying tr…

Thanks for the tips! I'll update the tutorial code with that info in the next day or so. Until then, I've just added a note warning about the bias, and recommending the use of the ".pct_change()" method.

Re: Analyzing Cryptocurrency Markets Using Python

#5

I'm a big fan of Stellar. It looks like the only cryptocurrency with an actual use case that works today and minimises costs for companies[1][2] building on top of it. Everything else looks like mostly hype driven. I would say that this is one of the reasons it trades so different from everything else, except Ripple. As many developers hang out here I want to point out that the Stellar Foundation has a rolling compet…

Is that the thing Stripe (or someone) launched years ago? The one where they were giving 50 coins free per subscriber?

Re: Analyzing Cryptocurrency Markets Using Python

#6

I'm a big fan of Stellar. It looks like the only cryptocurrency with an actual use case that works today and minimises costs for companies[1][2] building on top of it. Everything else looks like mostly hype driven. I would say that this is one of the reasons it trades so different from everything else, except Ripple. As many developers hang out here I want to point out that the Stellar Foundation has a rolling compet…

Could you help me to put your opinion in the right context by answering a few questions?

- Do you own Stellar Lumens?

- Are you involved in any Stellar related projects?

Re: Analyzing Cryptocurrency Markets Using Python

#7
post #5

I'm a big fan of Stellar. It looks like the only cryptocurrency with an actual use case that works today and minimises costs for companies[1][2] building on top of it. Everything else looks like mostly hype driven. I would say that this is one of the reasons it trades so different from everything else, except Ripple. As many developers hang out here I want to point out that the Stellar Foundation has a rolling compet…

Is that the thing Stripe (or someone) launched years ago? The one where they were giving 50 coins free per subscriber?

Yes, Stripe invested into Stellar. https://stripe.com/blog/stellar

Re: Analyzing Cryptocurrency Markets Using Python

#8
post #5

I'm a big fan of Stellar. It looks like the only cryptocurrency with an actual use case that works today and minimises costs for companies[1][2] building on top of it. Everything else looks like mostly hype driven. I would say that this is one of the reasons it trades so different from everything else, except Ripple. As many developers hang out here I want to point out that the Stellar Foundation has a rolling compet…

Is that the thing Stripe (or someone) launched years ago? The one where they were giving 50 coins free per subscriber?

Semi-related question:

I got some of those ICO coins back then - i registered with username/password back then

Still have username/password but i am unsure where to actually login? Anyone familiar w/ Stellar knows how to get to the account?

Re: Analyzing Cryptocurrency Markets Using Python

#9

I'm a big fan of Stellar. It looks like the only cryptocurrency with an actual use case that works today and minimises costs for companies[1][2] building on top of it. Everything else looks like mostly hype driven. I would say that this is one of the reasons it trades so different from everything else, except Ripple. As many developers hang out here I want to point out that the Stellar Foundation has a rolling compet…

Could you help me to put your opinion in the right context by answering a few questions? - Do you own Stellar Lumens? - Are you involved in any Stellar related projects?

I won Lumens in the previous build challenges, run a community forum and are building a company that uses the Stellar network.

I'm not trying to give investment advice in my post. You should definitely not be buying Lumens if you don't need them. Most of them are going to be given away: https://www.stellar.org/about/mandate/

Re: Analyzing Cryptocurrency Markets Using Python

#10
post #5

Earlier quoted context omitted.

Is that the thing Stripe (or someone) launched years ago? The one where they were giving 50 coins free per subscriber?

Semi-related question: I got some of those ICO coins back then - i registered with username/password back then Still have username/password but i am unsure where to actually login? Anyone familiar w/ Stellar knows how to get to the account?

I just went through the same process – had some coins from the ICO a couple of years ago.

If you head to https://launch.stellar.org/#/login you can log in. I got a message prompting me to contact Support, which I've done and now awaiting a reply.

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